TDSC vs. THIR

Last updated Jun 4, 2026

TDSC (Cabana Target Drawdown 10 ETF) and THIR (THOR Index Rotation ETF) are both Tactical Allocation funds. TDSC is actively managed, while THIR is passively managed. Over the past year, TDSC returned 19.88% vs 24.32% for THIR. A 0.68 correlation means they provide meaningful diversification when combined. TDSC charges 0.69%/yr vs 0.70%/yr for THIR.

Performance

TDSC vs. THIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 10 ETF (TDSC) and THOR Index Rotation ETF (THIR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDSC achieves a 11.42% return, which is significantly higher than THIR's 7.85% return.

TDSC

• 1D: -0.14%
• 1M: 3.77%
• YTD: 11.42%
• 6M: 10.93%
• 1Y: 19.88%
• 3Y*: 11.01%
• 5Y*: 3.28%
• 10Y*: —

THIR

• 1D: -0.71%
• 1M: 7.55%
• YTD: 7.85%
• 6M: 7.66%
• 1Y: 24.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TDSC vs. THIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TDSC Cabana Target Drawdown 10 ETF	11.42%	6.56%	-2.40%
THIR THOR Index Rotation ETF	7.85%	25.22%	3.26%

Correlation

The correlation between TDSC and THIR is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.68

The correlation between TDSC and THIR has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.

TDSC vs. THIR - Sectors Allocation Comparison

Sectors	TDSC	THIR
Technology	28.5%	45.3%
Healthcare	19.9%	6.3%
Energy	17.6%	2.1%
Utilities	15.0%	1.8%
Communication Services	4.7%	13.2%
Consumer Cyclical	4.3%	11.2%
Financial Services	3.9%	6.0%
Consumer Defensive	3.4%	6.2%
Industrials	2.0%	5.5%
Basic Materials	0.7%	1.5%
Real Estate	0.1%	1.0%

Return for Risk

TDSC vs. THIR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDSC

TDSC Risk / Return Rank: 71
TDSC Sharpe Ratio Rank: 68
TDSC Sortino Ratio Rank: 69
TDSC Omega Ratio Rank: 67
TDSC Calmar Ratio Rank: 75
TDSC Martin Ratio Rank: 76

THIR

THIR Risk / Return Rank: 60
THIR Sharpe Ratio Rank: 62
THIR Sortino Ratio Rank: 63
THIR Omega Ratio Rank: 61
THIR Calmar Ratio Rank: 56
THIR Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDSC vs. THIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 10 ETF (TDSC) and THOR Index Rotation ETF (THIR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TDSC	THIR	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.11	+0.13
Sortino ratio: Return per unit of downside risk	3.17	2.97	+0.19
Omega ratio: Gain probability vs. loss probability	1.40	1.37	+0.03
Calmar ratio: Return relative to maximum drawdown	3.74	2.75	+0.99
Martin ratio: Return relative to average drawdown	14.51	9.85	+4.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDSC vs. THIR - Sharpe Ratio Comparison

The current TDSC Sharpe Ratio is 2.25, which is comparable to the THIR Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of TDSC and THIR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TDSC	THIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.11	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	1.74	-1.33

Drawdowns

TDSC vs. THIR - Drawdown Comparison

The maximum TDSC drawdown since its inception was -21.51%, which is greater than THIR's maximum drawdown of -10.05%. Use the drawdown chart below to compare losses from any high point for TDSC and THIR.

Drawdown Indicators

	TDSC	THIR	Difference
Max Drawdown Largest peak-to-trough decline	-21.51%	-10.05%	-11.46%
Max Drawdown (1Y) Largest decline over 1 year	-5.35%	-8.88%	+3.53%
Max Drawdown (3Y) Largest decline over 3 years	-14.24%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.51%	—	—
Current Drawdown Current decline from peak	-0.14%	-0.71%	+0.57%
Average Drawdown Average peak-to-trough decline	-9.38%	-1.99%	-7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.37%	2.48%	-1.11%

Volatility

TDSC vs. THIR - Volatility Comparison

The current volatility for Cabana Target Drawdown 10 ETF (TDSC) is 2.06%, while THOR Index Rotation ETF (THIR) has a volatility of 3.60%. This indicates that TDSC experiences smaller price fluctuations and is considered to be less risky than THIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDSC	THIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.06%	3.60%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	6.61%	8.45%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	8.90%	11.56%	-2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.28%	12.64%	-2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.22%	12.64%	-2.42%

TDSC vs. THIR - Expense Ratio Comparison

TDSC has a 0.69% expense ratio, which is lower than THIR's 0.70% expense ratio.

Dividends

TDSC vs. THIR - Dividend Comparison

TDSC's dividend yield for the trailing twelve months is around 2.01%, more than THIR's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
TDSC Cabana Target Drawdown 10 ETF	2.01%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%
THIR THOR Index Rotation ETF	0.33%	0.35%	0.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TDSC and THIR in my portfolio?

TDSC and THIR have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDSC or THIR?

THIR has higher volatility (3.60%) compared to TDSC (2.06%). In terms of maximum drawdown, TDSC dropped -21.51% vs THIR's -10.05%.

Which ETF is better, TDSC or THIR?

On 1-year performance, THIR leads with 24.32% vs 19.88% for TDSC. On fees, TDSC is cheaper at 0.69% per year. On volatility, TDSC has been the lower-risk option at 2.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDSC or THIR?

Over the 1-year period, THIR has performed better with a 24.32% return vs 19.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDSC or THIR?

TDSC is cheaper with a 0.69% expense ratio, compared with 0.70% for THIR.

Which ETF pays a higher dividend yield, TDSC or THIR?

TDSC has the higher dividend yield at 2.01%, compared with 0.33% for THIR.

What is the main difference between TDSC and THIR?

They also come from different issuers: Exchange Traded Concepts and THOR. Their fees differ too: 0.69% for TDSC and 0.70% for THIR.

Which has better risk-adjusted returns?

TDSC currently has the higher Sharpe Ratio (2.25 vs 2.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.